Tech giant IBM has unveiled its recently announced z13 mainframe servers, which would provide real-time encryption on all mobile transactions, targeting e-commerce and m-commerce firms in India, The Financial Express reported. IBM z13 was the first system capable of processing 2.5 billion transactions a day.
IBM unveiled the z13 last week (See: IBM launches the most powerful, secure system ever built)
The transactions were ''persistent, protected and auditable from end-to-end,'' IBM said in a statement.
''z13 system culminates a $1 billion investment, five years of development, exploits innovation of more than 500 new patents and represents a collaboration with over 60 clients underscoring IBM's singular commitment to providing higher value, innovative technologies to clients,'' it added.
Thanks to the rapid growth of mobile applications consumers now expected mobile transactions to be fast and seamless – regardless of which mobile payment platform, retailer, or financial organisation was providing the service.
Consequently businesses were forced to rethink whether their IT infrastructures could support mobile applications that met and exceeded these consumer expectations - or faced the potential of losing clients to competing businesses.
Meanwhile, IANS reported that the company's z13 servers could provide real-time transaction insights 17 times faster than other computer systems at a fraction of cost.
"The z13 mainframe delivers scale and economics with real-time encrypting and analytics to ensure speed and safety for trillions of transactions in the mobile economy," IBM's India subsidiary said in a statement in New Delhi.
The company had invested $1 billion in the new system development over five years. In the process it had collaborated with 60 clients and created about 500 patents during its innovation.
"The z13 is the first system to make practical real-time encryption of all mobile transactions and help protect the transaction data with security features built into it," the statement noted.
According to Viswanath Ramaswamy IBM India country leader for server solutions, in a booming market like India where businesses needed immediacy and security, there was a need of a computing infrastructure for the mobile generation and the new app economy which could redefine digital business.